Middlesex Water (MSEX) Prices 662.15K Share Common Offering at $60.50/Sh

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Middlesex Water Company Announces Pricing of Public Offering of Common Stock

November 19, 2019 8:29 PM EST

ISELIN, N.J., Nov. 19, 2019 (GLOBE NEWSWIRE) -- Middlesex Water Company (Middlesex or the Company) (NASDAQ: MSEX), a provider of regulated and unregulated water and wastewater utility services, announced today the pricing of its previously announced underwritten public offering of common stock. Middlesex priced an offering of 661,157 shares of its common stock at a price to the public of $60.50 per share.  The size of the offering has been increased from the previously-announced $35 million of shares of Middlesex common stock to approximately $40 million of shares of Middlesex common stock.  The aggregate gross proceeds from the offering are... More